Tech Company Financing Transactions

Payfone Funding Round

TransUnion, MassMutual Ventures and Synchrony Financial invested in a $24 million funding round for Payfone. The financing round was recorded on 4/18/2019.

Transaction Overview

Company Name
Announced On
4/18/2019
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors

TransUnion (Lead Investor) (Geoff Miller)

MassMutual Ventures (Eric Emmons)

Synchrony Financial (Michael Hensinger)

Wellington Management Company

Proceeds Purpose
TransUnion's investment in Payfone underscores a new strategic partnership that will leverage the two companies' complementary missions and capabilities to accelerate the global digital economy.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
245 5th Ave. 20th Floor
New York , NY 10016
USA
Email Address
Overview
Payfone, Inc. allows users to pay for online goods and services using mobile credit.
Profile
Payfone LinkedIn Company Profile
Social Media
Payfone Company Twitter Account
Company News
Payfone News
Facebook
Payfone on Facebook
YouTube
Payfone on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rodger Desai
  Rodger Desai LinkedIn Profile  Rodger Desai Twitter Account  Rodger Desai News  Rodger Desai on Facebook
Co-Founder
Mike Brody
  Mike Brody LinkedIn Profile  Mike Brody Twitter Account  Mike Brody News  Mike Brody on Facebook


 

 

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Prev: 4/18/2019: Bizzabo venture capital transaction
Next: 4/18/2019: Returnly venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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